Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Enigma who wrote (50425)	3/15/2000 5:32:00 PM
From: Zardoz	Read Replies (1) of 116816

My point is that if you notice all of these little variables maybe you could put your time to better use by profiting from them in some way. Like shorting NEM against a call option in ABX. Some hedge funds short NEM/ABX against long positions in the other. Then they wait for the spreads to narrow. NEM has limited upside above a 10% move in Gold. A rise in gold, is more likely to move a higher div, lower PE, and larger Mkt cap company faster then the other. Right now ABX is undervalued relative to the POG. PDG is greatly undervalued. Had PDG not slowed down hedging, I think they would be higher. Hutch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next